NOT LISTED FOR SALE

1027 Rivermont Ave Lynchburg, VA 24504

Rivermont Neighborhood

Estimated Value: $50,000 - $221,000

0.45 Acre
$242,291 Price per Acre
19,776 Sq Ft Lot

Sale Details

Date Sold: November 26, 2019

Last sale price $23,000 $1 Per Sq Ft

Est. 378% increase in value since last sale

Current estimated payment $602 / mo

598 Days on Market

About This Lot

As of November 2019

Approximately .454 acres of medium density residential land located on Rivermont Avenue & Byrd Street in Lynchburg, VA. Properties consist of 1027/1035 Rivermont Ave. & 690 Byrd St. Property features city water & sewer, close proximity to downtown, & an attractive price. Property is zoned for duplex use.

Last Agent to Sell the Property

Rick Read

Coldwell Banker Commercial Rea License #0225002576 Listed on: 04/06/2018

Coldwell Banker Commercial Rea

Co-Listed By

Ricky Read

Coldwell Banker Commercial Rea License #0225188167

Last Buyer's Agent

Mike Osei

Long & Foster-Forest License #0225209432

Long & Foster-Forest

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $110

Lot Details

  • 19,776 Sq Ft Lot
  • Property is zoned R-3

Schools

  • Linkhorne Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Listing and Financial Details

  • Assessor Parcel Number 02302004

Property Details

Property Type

Land

Est. Annual Taxes

$110

Lot Details

0.45 Acres

Listing Details

  • FILLACRES: 0.4540
  • BuildingOnProperty: None
  • Directions: Rivermont Ave & the corner of Rivermont and Byrd St.
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 19776.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, Modulars Not Allowed, No Horses Allowed, No Livestock Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02302004
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Broker Approved: Yes
  • Legal Description: Rivermont Plan A, Blk 10, Lots 14 & 15 / Lots 16-18
  • Reciprocal Listing: No

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg

Lot Info

  • Zoning: R-3

Tax Info

  • Estimated Taxes: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Nov 22, 2019
Sold by
Falwell Jr Lt and Falwell Liz T
Bought by
Adams Julian Bradley
Seller's Agent
Rick Read
Coldwell Banker Commercial Rea
Buyer's Agent
Mike Osei
Long & Foster-Forest
List Price
$27,900
Sold Price
$23,000
Premium/Discount to List
-$4,900
-17.56%
Current Estimated Value
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,000
Avg. Annual Appreciation
27.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Adams Julian Bradley $23,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $23,000 -17.6% $1 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
04/06/2018 04/06/18 For Sale $27,900 -- $1 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $176 $28,000 $28,000 $0
2024 $157 $17,600 $17,600 $0
2023 $157 $17,600 $17,600 $0
2022 $124 $12,000 $12,000 $0
2021 $133 $12,000 $12,000 $0
2020 $133 $12,000 $12,000 $0
2019 $133 $12,000 $12,000 $0
2018 $28 $10,000 $10,000 $0
2017 $111 $10,000 $10,000 $0
2016 $111 $10,000 $10,000 $0
2015 $28 $10,000 $10,000 $0
2014 $111 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Read

    Seller's Agent in 2019

    Rick Read

    Coldwell Banker Commercial Rea

    (434) 455-2285

    1 in this area

    32 Total Sales

    Rick Read
    Section Image
  • Ricky Read

    Seller Co-Listing Agent in 2019

    Ricky Read

    Coldwell Banker Commercial Rea

    (434) 455-2285

    1 in this area

    47 Total Sales

    Ricky Read
    Section Image
  • Mike Osei

    Buyer's Agent in 2019

    Mike Osei

    Long & Foster-Forest

    (434) 444-6206

    9 in this area

    260 Total Sales

    Mike Osei
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 311033

APN: 023-02-004

Virginia Lynchburg City County Lynchburg 24504 Rivermont

1027 Rivermont Ave, Lynchburg, VA

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